Total gov expenditure percapita oecd in Iceland

Iceland: Total gov expenditure percapita oecd was 39,385 in 2024. ▲ Rising

Latest (2024)
39,385
Change on year
up 4.3%
World rank
5th
of 43 countries
All-time high
39,385
in 2024
All-time low
18,590
in 2007
Years of data
18
2007–2024

Total gov expenditure percapita oecd in Iceland, 2007–2024

010.0k20.0k30.0k40.0k2007201520242007: 18.6k2008: 27.7k2009: 22.4k2010: 19.6k2011: 21.1k2012: 20.5k2013: 20.8k2014: 21.5k2015: 21.8k2016: 25.3k2017: 25.1k2018: 25.7k2019: 27.0k2020: 29.5k2021: 31.4k2022: 36.5k2023: 37.8k2024: 39.4k

Source: Our World in Data.

Analysis

The most recent figure for total gov expenditure percapita oecd in Iceland is 39,385, measured in 2024. That is the highest value across all 18 years on record.

The figure is up 4.3% on the previous year and up 83.5% over ten years.

Over the whole period, total gov expenditure percapita oecd in Iceland peaked at 39,385 in 2024 and was at its lowest, 18,590, in 2007.

That places Iceland 5th out of 43 countries with data for 2024, putting it in the top 10%.

The long-run direction has been consistently rising across the 18 years of available data.

Total gov expenditure percapita oecd in Iceland, year by year

Annual values for Total gov expenditure percapita oecd in Iceland, 2007 to 2024.
Year Value Change
2007 18,590 —
2008 27,733 +49.2%
2009 22,445 -19.1%
2010 19,628 -12.6%
2011 21,133 +7.7%
2012 20,486 -3.1%
2013 20,775 +1.4%
2014 21,464 +3.3%
2015 21,814 +1.6%
2016 25,326 +16.1%
2017 25,150 -0.7%
2018 25,698 +2.2%
2019 27,008 +5.1%
2020 29,485 +9.2%
2021 31,438 +6.6%
2022 36,488 +16.1%
2023 37,775 +3.5%
2024 39,385 +4.3%

Iceland compared with similar countries

  • Iceland's 39,385 is above the median for high income countries, which is 26,582, 1.5× the median. (38 countries reporting)
  • Iceland's 39,385 is above the median for Europe & Central Asia, which is 27,928, 1.4× the median. (30 countries reporting)

Biggest year-on-year movements

Years where Total gov expenditure percapita oecd in Iceland changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2008 +49.2% 18,590 27,733

Averages by decade

DecadeAverage LowestHighest Years
2000s 22,923 18,590 27,733 3
2010s 22,848 19,628 27,008 10
2020s 34,914 29,485 39,385 5

Countries ranked near Iceland

  1. 2 Norway 50,330 compare
  2. 3 Austria 41,817 compare
  3. 4 Belgium 40,194 compare
  4. 6 Denmark 38,309 compare
  5. 7 Netherlands 37,878 compare
  6. 8 Finland 37,614 compare

See the full ranking of 43 places →

More reference data data for Iceland

All data for Iceland →

Frequently asked questions

What is total gov expenditure percapita oecd in Iceland?
Total gov expenditure percapita oecd in Iceland was 39,385 in 2024, according to Our World in Data.
What is the highest total gov expenditure percapita oecd recorded in Iceland?
The highest recorded value was 39,385 in 2024.
What is the lowest total gov expenditure percapita oecd recorded in Iceland?
The lowest recorded value was 18,590 in 2007.
How does Iceland rank for total gov expenditure percapita oecd?
Iceland ranks 5th out of 43 countries with data for 2024.
Is total gov expenditure percapita oecd rising or falling in Iceland?
Over the last ten years it is up 83.5%. The long-run trend across the full record is rising.
Where does this Iceland data come from?
The figures come from Our World in Data, published as part of Total gov expenditure percapita oecd. Statizoid updates them automatically from the source API.

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Total gov expenditure percapita oecd in Iceland. Statizoid, drawing on Our World in Data. Retrieved 14 November 2026, from https://reference.statizoid.com/stat/total-gov-expenditure-percapita-oecd/iceland/

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About this data

Indicator
Total gov expenditure percapita oecd
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
43 places, 757 data points, 2007–2024
Last refreshed